Edible Garden AG rporated(EDBL) - 2024 Q2 - Quarterly Results

EX-99.1 2 edbl_ex991.htm PRESS RELEASE EXHIBIT 99.1 Edible Garden Reports 157% Increase in Gross Profit Fueled by Year-over-Year Growth of 61% in Cut Herbs and 30% in Vitamins & Supplements for the Second Quarter of 2024 Gross Margin Increases to 36.7% in Q2 2024, Up from 13.1% in Q2 2023 Strategic Pivot Away from Third-Party Growers Contributes to More than 26% Decline in Cost of Goods Sold Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, NJ, August 14, 2024 — Edible Garden AG Incorporated ("Edib ...